智通财经APP获悉，航空股继续走高，截至发稿，中国国航(00753)涨4.99%，报5.68港元；南方航空 (01055)涨3.88%，报4.02港元；东方航空(00670)涨2.29%，报3.13港元。 消息面上，据央视网报道，2025年国庆中秋假期合并，10月1日至10月8日放假八天，今年假期旅游热度 高涨。据航旅纵横数据，截至9月13日，今年中秋国庆假期国内航线机票预订量超452万张，日均机票预 订量较去年同期增长超25%。截至9月13日，今年中秋国庆假期的出入境航线机票预订量已超129万张， 日均机票预订量比去年同期增长约14%。 申万宏源指出，8月迎来暑运旺季高峰，航空市场运力运量稳步增长。继续看好航空板块，供给逻辑确 定性强，预计未来3-5年行业机队供给增速趋缓，需求端具备弹性，客运量和客座率持续增长均已在相 对高位，可关注后续民航"反内卷"下票价回暖信号及趋势。同时，在外部油汇变化配合下，航空公司能 够释放较大业绩提升空间。 ...

申万宏源指出，8月迎来暑运旺季高峰，航空市场运力运量稳步增长。继续看好航空板块，供给逻辑确 定性强，预计未来3-5年行业机队供给增速趋缓，需求端具备弹性，客运量和客座率持续增长均已在相 对高位，可关注后续民航"反内卷"下票价回暖信号及趋势。同时，在外部油汇变化配合下，航空公司能 够释放较大业绩提升空间。 航空股继续走高，截至发稿，中国国航（601111）(00753)涨4.99%，报5.68港元；南方航空（600029） (01055)涨3.88%，报4.02港元；东方航空(00670)涨2.29%，报3.13港元。 消息面上，据央视网报道，2025年国庆中秋假期合并，10月1日至10月8日放假八天，今年假期旅游热度 高涨。据航旅纵横数据，截至9月13日，今年中秋国庆假期国内航线机票预订量超452万张，日均机票预 订量较去年同期增长超25%。截至9月13日，今年中秋国庆假期的出入境航线机票预订量已超129万张， 日均机票预订量比去年同期增长约14%。 ...

港股航空板块午后持续拉升，中国南方航空股份涨超6%，中国国航涨超5%，中国东方航空股份涨超 3%。 ...

中国民航将于2025年10月底换季，预计局方将继续严控时刻增长，特别是协调机场时刻总量或继续保持 稳定。考虑2025年机队低速增长且周转提升空间有限，预计淡季国内供给将继续低速增长。2024Q4价 格战或致航司明显亏损，预计反内卷短期有望管控过度低价，中期有望政策引导航司干线市场收益管理 改善。预计2025Q4淡季航司将继续大幅减亏，2025全年将行业性扭亏为盈。(格隆汇) | 代码 | 名称 | 最新价 涨跌幅 v | | --- | --- | --- | | 00753 | | 5.670 4.81% | | 01055 中国南方航空股 | | 4.040 4.39% | | 00670 | 中国东方航空股 | 3.150 2.94% | 格隆汇9月17日｜港股三大航空股继续拉升，其中，中国国航盘中涨超5%领衔，中国南方航空涨超 4%，中国东方航空涨3%。 消息上，2025年国庆中秋假期合并，10月1日至10月8日放假八天，今年假期旅游热度高涨。航旅纵横大 数据显示，截至9月13日，今年中秋国庆假期国内航线机票预订量超452万张，日均机票预订量较去年同 期增长超25%。截至9月13日，今年中秋国庆假期的 ...

9月17日，南方航空盘中上涨2.15%，截至10:30，报6.18元/股，成交3.40亿元，换手率0.44%，总市值 1119.87亿元。 分红方面，南方航空A股上市后累计派现66.29亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年6月30日，南方航空十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股5.82亿股，相比上期减少264.86万股。华泰柏瑞沪深300ETF（510300）位居第九大流通股 东，持股9631.78万股，相比上期增加798.68万股。易方达沪深300ETF（510310）位居第十大流通股 东，持股6847.02万股，相比上期增加665.94万股。 责任编辑：小浪快报 资料显示，中国南方航空股份有限公司位于广东省广州市白云区齐心路68号中国南方航空大厦，成立日 期1995年3月25日，上市日期2003年7月25日，公司主营业务涉及国内和经批准的国际、地区航空客、 货、邮、行李运输业务,通用航空业务等。主营业务收入构成为：服务86.42%，货运及邮运10.52%，其 他(补充)3.06%。 南方航空所属申万行业为：交通运输-航空机场-航空运输。所属概念板块包括 ...

Core Viewpoint - The aviation sector is experiencing a positive trend due to increased demand during the upcoming National Day and Mid-Autumn Festival holidays, with significant growth in ticket bookings and a favorable supply-demand balance expected to enhance profitability for airlines [1][2][3]. Industry Overview - The aviation industry is anticipated to benefit from a reduction in "involution" competition, leading to a more rational market environment and improved operational efficiency [1][2]. - The Civil Aviation Administration of China (CAAC) is actively working to optimize route networks and control flight schedules, which is expected to stabilize the market and improve profitability for airlines [2][4]. Demand Insights - Domestic flight ticket bookings for the upcoming holidays have exceeded 4.52 million, with a daily average increase of over 25% compared to the previous year [1]. - The average price of domestic tickets during the National Day holiday is expected to remain stable compared to last year, with a pattern of higher prices at the beginning and end of the holiday period [2]. Supply Dynamics - The supply of domestic flights is expected to grow slowly, with the CAAC maintaining strict control over flight schedules and capacity [4]. - The overall capacity for the peak season is limited, and airlines are likely to face challenges in increasing operational efficiency due to ongoing supply chain disruptions [4][5]. Financial Performance - China National Aviation achieved a revenue of 80.76 billion yuan in the first half of 2025, with a net loss of 1.81 billion yuan, showing a reduction in losses compared to the previous year [6]. - China Eastern Airlines reported a revenue of 66.82 billion yuan in the first half of 2025, with a net loss of 1.43 billion yuan, also reflecting an improvement from the previous year [7]. - China Southern Airlines recorded a revenue of 86.29 billion yuan in the first half of 2025, with a net loss of 2.03 billion yuan, indicating a continued recovery in operational performance [7].

Core Viewpoint - The aviation stocks have risen in the afternoon trading session, driven by increased demand for domestic and international flights during the upcoming Mid-Autumn Festival and National Day holiday periods [1] Group 1: Stock Performance - China National Aviation (601111) rose by 4.82% to HKD 5.44 [1] - Eastern Airlines (00670) increased by 3.74% to HKD 3.05 [1] - Southern Airlines (600029) gained 2.65% to HKD 3.88 [1] Group 2: Ticket Booking Trends - As of September 8, domestic flight ticket bookings for the Mid-Autumn and National Day holidays exceeded 3.26 million, with a daily average increase of over 26% compared to the same period last year [1] - International flight ticket bookings surpassed 1.16 million, with a daily average increase of approximately 15% year-on-year [1] Group 3: Market Insights - According to Guotai Junan Securities, significant activities in early September have led to a rapid recovery in market volume and pricing, particularly in Beijing, with active business travel demand [1] - Anticipated major meetings in October are expected to shift business travel demand forward, supporting continued positive trends in volume and pricing through mid to late September [1] - Forecasts suggest that airline profitability may continue to grow year-on-year in Q3 2025, despite potential price wars in Q4 2024 leading to lower ticket prices [1] - The industry is expected to significantly reduce losses and potentially turn profitable for the year, driven by a recovery in business travel demand and a slowdown in fleet growth [1]

Core Viewpoint - The aviation sector is experiencing a rise in stock prices, driven by increased demand for domestic and international flights during the upcoming Mid-Autumn Festival and National Day holidays, with significant growth in ticket bookings compared to last year [1] Group 1: Stock Performance - As of the report, China National Aviation (00753) increased by 4.82% to HKD 5.44, Eastern Airlines (00670) rose by 3.74% to HKD 3.05, and Southern Airlines (01055) gained 2.65% to HKD 3.88 [1] Group 2: Ticket Booking Trends - As of September 8, domestic flight ticket bookings for the Mid-Autumn Festival and National Day holidays exceeded 3.26 million, with an average daily booking increase of over 26% compared to the same period last year [1] - International flight ticket bookings surpassed 1.16 million, with a daily booking increase of approximately 15% year-on-year [1] Group 3: Market Insights - According to Guotai Junan Securities, following significant events in early September, the Beijing market has seen a rapid recovery in both volume and price, with active demand from business travelers [1] - Anticipating the impact of major meetings in October, business travel demand is expected to shift forward, supporting continued positive trends in volume and pricing through mid to late September [1] - It is projected that airline profitability will continue to grow year-on-year in Q3 2025, with expectations of reduced losses in the off-peak season due to a price war in Q4 2024, leading to an overall industry turnaround [1] - The long-term outlook for the aviation industry remains positive, with expectations for an increase in profitability as business travel demand recovers and market pricing becomes more competitive [1]

Core Points - The inaugural flight of the C919 aircraft from Changsha Huanghua International Airport to Beijing Daxing was successfully launched by China Southern Airlines on September 9 [1] - The flight attracted attention due to the presence of an 80-year-old retired aircraft maintenance worker, who expressed pride in flying on a domestically produced aircraft after a career spent working with foreign-made planes [3][6] - The successful launch of the C919 marks a significant step in expanding China Southern Airlines' route network and increasing capacity in Hunan, with plans for more routes to showcase the capabilities of the domestically manufactured aircraft [6] Company Developments - China Southern Airlines is actively expanding its network with the introduction of the C919, aiming to enhance its operational capacity in Hunan [6] - The C919 aircraft represents a milestone in China's aviation industry, showcasing the country's advancements in aircraft manufacturing [6] Industry Insights - The C919's inaugural flight symbolizes the progress of China's aviation sector over the past 50 years, transitioning from reliance on foreign aircraft to developing its own [3][6] - The event reflects a growing national pride in domestic aviation achievements, as expressed by passengers and industry veterans [6]

港股三大航空股集体上涨，其中，中国国航涨约2%，中国南方航空涨1.6%，中国东方航空涨超1%。 责任编辑：栎树 | 代码 | 名称 | 最新价 涨跌幅 v | | --- | --- | --- | | 00753 | 中国国航 | 5.290 1.93% | | 01055 | 中国南方航空股 | 3.840 1.59% | | 00670 | 中国东方航空股 | 2.970 1.02% | 消息上，高盛研究报告指，内地航空业次季强劲反弹，但该行认为暑假表现未如理想，国内航空需求仍 然疲弱。展望未来，考虑到航空公司已进一步减慢增购机队，且预测2025至27年净需求增长率为3%、 1%及1%，该行认为国际机票价格的按年跌幅将显著收窄，国内机票价格亦有机会自9月起改善。另一 方面，油价下跌亦将对航空公司的盈利有正面影响。 股份方面，该行看好中国国航，因其在盈利较高的航线中占比较高，若票价上升将成为最大受惠者；国 航H股目标价由6.5港元上调至7.3港元，国航A股目标价由8.6元上调至9.6元，评级"买入"。该行将中国 东方航空股份H股目标价由3.3港元上调至3.7港元，东航A股目标价由4.6元上调至5.1元，均 ...